Yukon Wealth Management Inc. Purchases New Stake in JPMorgan Equity Premium Income ETF $JEPI

Yukon Wealth Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, HoldingsChannel reports. The firm purchased 19,520 shares of the company’s stock, valued at approximately $1,143,000.

A number of other large investors have also added to or reduced their stakes in the business. Rothschild Investment LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.1% in the 4th quarter. Rothschild Investment LLC now owns 333,933 shares of the company’s stock valued at $19,114,000 after acquiring an additional 3,778 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan Equity Premium Income ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,003,765 shares of the company’s stock valued at $171,936,000 after acquiring an additional 72,427 shares during the period. Moors & Cabot Inc. raised its stake in JPMorgan Equity Premium Income ETF by 1.9% in the 4th quarter. Moors & Cabot Inc. now owns 132,499 shares of the company’s stock valued at $7,584,000 after acquiring an additional 2,468 shares during the period. Houlihan Financial Resource Group Ltd. raised its stake in JPMorgan Equity Premium Income ETF by 431.8% in the 4th quarter. Houlihan Financial Resource Group Ltd. now owns 41,080 shares of the company’s stock valued at $2,377,000 after acquiring an additional 33,355 shares during the period. Finally, IFG Advisory LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $1,583,000.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

JEPI opened at $56.04 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The stock’s fifty day simple moving average is $56.68 and its 200 day simple moving average is $57.54. The stock has a market cap of $44.40 billion, a PE ratio of 23.93 and a beta of 0.56.

JPMorgan Equity Premium Income ETF Company Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income. JEPI was launched on May 20, 2020 and is managed by JPMorgan.